A Rare Gold Coin is helping change the future for an Indiana church. This inspiring story highlights the kindness of a mystery donor who has made a significant impact on the community. GracePoint Church in Indiana is about to undergo a major transformation, all thanks to a single gold coin.
The Vision for GracePoint Church
GracePoint Church, led by Pastor Ben Lamb, has ambitious plans to expand its facilities. The church is looking to build a new auditorium that can seat more than 500 people. In addition, there will be a new children’s center and a spacious lobby for gatherings. The total cost of this expansion is estimated at $3.5 million.
For some time now, the congregation has been meeting at a nearby elementary school, but they have outgrown that space. Pastor Lamb recognized the need for a larger venue to accommodate their growing community. To secure a building loan, the church needed $300,000. This is where an unexpected twist came into play.
A Mysterious Benefactor
Out of the blue, a generous woman, who wishes to remain anonymous, stepped in to help. She made a remarkable donation using a Rare Gold Coin: an 1866 Double Eagle $20 gold coin, which has never been used in circulation. This particular coin is not just any coin; it holds a significant value in the world of collectors.
The woman explained that her late husband was a passionate coin collector. He purchased this Rare Gold Coin decades ago for about $125,000. Today, the coin could fetch between $300,000 and even higher at auction. The generous donor sees her gift as a way to support the community, rather than seeking wealth for herself.
The Donor’s Perspective
In a conversation with CBS Chicago, the donor expressed her humble attitude towards her generosity. “I have a roof over my head, I’ve got food in my mouth. I can get by just fine,” she said. “I’m not looking for wealth. I’m just looking to be comfortable.” This mindset showcases her selflessness and desire to help others.
The Upcoming Auction
The Rare Gold Coin will be auctioned off on April 27 in Schaumburg, a suburb of northwestern Chicago. The church hopes that the funds raised from the sale of this coin will cover the needed amount to secure their building loan, making their expansion dreams a reality.
Community Impact
The expansion of GracePoint Church is expected to have a positive impact on the local community. With more space, the church plans to offer various programs for children and adults alike. This includes educational and recreational activities that will bring the community together.
Conclusion
The story of the anonymous donor and the rare gold coin highlights the incredible impact one individual can have on a community. As GracePoint Church prepares for its expansion, it serves as a reminder of the power of generosity and the importance of giving back. The donation not only secures the church’s future but also strengthens the bond within the community it serves.
Table
Here’s a table that provides detailed information about the 1866 Double Eagle gold coin, including its specifications, historical significance, and current market value.
| Attribute | Details |
|---|---|
| Coin Name | 1866 Double Eagle $20 Gold Coin |
| Mint | United States Mint |
| Designer | Augustus Saint-Gaudens |
| Diameter | 34 mm (1.33 inches) |
| Weight | 33.44 grams (1.075 ounces) |
| Composition | 91.67% gold, 3% silver, 5.33% copper |
| Edge | Reeded |
| Face Value | $20 |
| Year Minted | 1866 |
| Mintage | Approximately 1,600 coins |
| Historical Significance | First year of the Double Eagle series; reflects the U.S. gold standard. It was used in commerce but was also a favorite among collectors. |
| Current Market Value | $300,000 or more at auction, depending on condition and demand. |
| Collector’s Note | This coin is rare, particularly in high grade. Its value can significantly increase based on its condition and provenance. |
| Auction Details | Auctioned on April 27 in Schaumburg, Illinois |
| Donor’s Background | The coin was owned by a late husband of a donor, who was an avid coin collector. |
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FAQs
What is the significance of the 1866 Double Eagle coin?
The 1866 Double Eagle is a rare $20 gold coin that was never used in circulation. Its historical and numismatic value makes it highly sought after by collectors.
How much was the donation to GracePoint Church?
The donation was made through the sale of a rare coin, which could potentially raise around $300,000 at auction.
What are the plans for GracePoint Church’s expansion?
The expansion includes a new auditorium for over 500 people, a children’s center, and a spacious lobby.
When will the coin be auctioned?
The coin will be auctioned on April 27 in Schaumburg, Illinois.
Why did the donor choose to remain anonymous?
The donor prefers to remain unnamed as she seeks no recognition for her generous act; she wishes to support the community without seeking personal attention.